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Canada auto industry to shrink over 5 years: KPMG (Reuters via Yahoo! News) - Canada's automotive industry is likely to shrink over the next five years as overcapacity and a murky profit outlook force some companies into bankruptcy and others to sell out, according to a survey released on Thursday by accountancy firm KPMG.

Democrats set to cut breaks for oil industry (Houston Chronicle) - Democrats are the new masters of Capitol Hill. And they have their gun sights trained on the oil industry.

Gary Dilts, Auto Industry Leader and Former DaimlerChrysler Executive Joins J.D. Power and Associates as Senior Vice ... (The Auto Channel) - WESTLAKE VILLAGE, Calif., Jan. 4, 2007 -- Gary Dilts, automotive industry leader and former senior vice president, U.S. sales for DaimlerChrysler, has joined global marketing information firm J.D. Power and Associates as senior vice president -- U.S. Automotive.

E. coli outbreaks have industry, government increasing safety efforts (AG Weekly) - TRENTON, N.J. — In light of food poisoning outbreaks involving spinach and lettuce, the government and the produce industry are scrambling to make leafy greens safer before the spring planting season.

Critical Mass Media Names Liz Pokora-Sadowsky EVP/Marketing, Opens Services For Industry Use (FMQB) - January 4, 2007 Critical Mass Media is set to offer personal marketing and research products to the entire media industry.

Troubled auto industry could shift out of Canada says survey by KPMG (Canadian Business) - David Friend January 4, 2007 - 5:44 p.m. TORONTO (CP) - The troubled international auto industry expects that restructuring could shift facilities outside of Canada and into cheaper markets over the next five years, according to a survey of auto industry executives by KPMG.

Auto industry in for better times (The Star Online) - KUALA LUMPUR : After knuckling under a barrage of change in 2006, the Malaysian automotive industry is set for better times this year, said Frost & Sullivan, which is projecting a 3.8% expansion.

Auto Execs Expect Increased Industry Restructuring Worldwide, KPMG Survey Finds (The Auto Channel) - DETROIT, Jan. 4 -- Facing overcapacity issues and a consequent murky profit outlook, automotive executives worldwide expect an industry shakeout with some companies choosing bankruptcy and others seeking to merge or form alliances over the next five years, according to an annual global automotive survey by KPMG LLP, the U.S. audit, tax and advisory firm.

German car industry hits records in exports and output in 2006 (Detroit News) - BERLIN -- German automakers posted record production figures and exports in 2006 and enjoyed a booming domestic market as the economy picked up and buyers rushed to beat a tax increase, an industry association said Thursday.

U.K. Pound Gains After Reports on Services Industry, Mortgages (Bloomberg.com) - Jan. 4 (Bloomberg) -- The pound rose versus the euro after reports showed growth in the U.K. services industry unexpectedly accelerated last month to the strongest since June 1997 and mortgage approvals rose in November to a three-year high.